Aurionpro & Toshi Automatic unveil new logo, to expand capacity

Aurionpro recently had announced acquisition of controlling stake in Ghaziabad, Uttar Pradesh based Toshi Automatic Systems Pvt. Ltd (Toshi Automatic) a manufacturer & supplier of automatic gates required in BRTS, Metro and Airport Transit projects and has a large manufacturing plant at Ghaziabad, Uttar Pradesh. Aurionpro is an established player in the AFC segment and this acquisition will lead to supply chain integration. Toshi Automatic has been re- branded as aurionpro-toshiautomatic (ATAS) and the new logo has been unveiled recently.

With this launch, all the offerings of ATAS along with its manufacturing unit, based in Ghaziabad, is being renamed as aurionpro-toshiautomatic. Mr. Paresh Zaveri, CMD Aurionpro along with Mr. Sanjeev Sachdev, Managing Director, ATAS inaugurated the new logo at a function.

Mr. Paresh Zaveri, CMD-Aurionpro at inauguration said that "ATAS is geared up to expand its footprints in manufacturing. The combined might of aurionpro-toshiautomatic will lead to scaling up of operations and will best place us to seize immense opportunities in this space. We target to complete increase in the manufacturing capacity, by three fold, at Ghaziabad unit in first phase by September 2022 and with the rising market and strong outlook we will further expand the capacity thereafter."

Shares of Aurionpro Solutions Limited was last trading in BSE at Rs. 363.20 as compared to the previous close of Rs. 365.50. The total number of shares traded during the day was 9967 in over 720 trades.

The stock hit an intraday high of Rs. 374.00 and intraday low of 357.30. The net turnover during the day was Rs. 3632733.00.

Source : Equity Bulls

Keywords

AurionproSolutions INE132H01018 AurionproToshiautomatic NewLogo